04/06/2013 Trading View
Nifty made a high of 6011 low of 5916 and closed at 5939 which is 46 points down from previous close.
As said in yesterday's post a close below 5930 is needed to drag the Nifty down further.
As the trend is down any rise can be considered for shorting.
A mild pullback is expected from here which will go towards 6000.
Nifty will find support at 5935. A close below 5930 will drag the Nifty further 200 points down.
The resistance comes at 6070 and 6135.
Nifty made a high of 6011 low of 5916 and closed at 5939 which is 46 points down from previous close.
As said in yesterday's post a close below 5930 is needed to drag the Nifty down further.
As the trend is down any rise can be considered for shorting.
A mild pullback is expected from here which will go towards 6000.
Nifty will find support at 5935. A close below 5930 will drag the Nifty further 200 points down.
The resistance comes at 6070 and 6135.
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